Oddbean new post about | logout
 yeah exactly 
the general game theory on this is usually expressed through the "free rider problem"

basically 
when there's network security cost and only a subset of users pay for it (people making txs)
everyone tries to be a "free rider", ie part of the group that *doesn't pay for security (hodlers).

according to the theory,
the security of such a network trends towards zero.
https://en.m.wikipedia.org/wiki/Free-rider_problem

whether it works out that way in practice is of course another story.

but the point I want to make 
is that tail emission is a legitimate tradeoff.

there are other tradeoffs Monero makes that can be criticized 
but its not reasonable to argue tail emission makes it shitcoin IMHO. 
 Do you hold bitcoin for savings at all? 
 of course  
 Sorry for butting in, but I think almost no one who supports and promotes #XMR is dumb, fanatical, or narrow-minded enough to not recognize #BTC. Sadly, the same can’t be said for the “BTC-only” crowd when it comes to psychological traits and intelligence. 
 I don’t really have a problem with monero. But a lot of monero shills come at me very aggressively and it’s pretty annoying lol

I value privacy but I have concerns about whether monero is liquid enough to function as a p2p cash alternative when I’m ready to spend my bitcoin. Large bitcoin whales buying in and selling out of monero is not practical because it’ll make the price more volatile. I know bitcoin is volatile but that’s part of the feature of bitcoin. Monero being volatile isn’t a good thing since it is being strictly used for transacting. Monero staying a small project and flying under the radar is probably best. Mass adoption is not realistic imo. 
 Them poor bastards always looking to dunk on the king (bitcoin) in good times. 
 https://song.link/dbvqpfpn6jxxx 
 Bro
We’ll use any valuable code and features in bitcoin when we’re ready, don’t worry about it 
 I’m not worried about nothing related to cryptocurrency. Rest assured.

Just the way you call a coin as “king” resembles me that song.

Serious questions:

When will be that? 
Is there a roadmap? 
No joke. 
 coming soon™ 
 In today’s world, where we’re in a frenzy of technological evolution, it’s funny to see someone use “coming soon” (or something like that) to defend one technology over another for years. And these excuses get thrown around left and right with no shame. Some even use them with a bit of pride. 
 not really.

maxis are much more prone to find opportunity to dunk
and much LESS interested in discussing nuance.

also they famously are widely NOT interested in using new code with new features and often are fans of premature ossification.

nostr:nevent1qvzqqqqqqypzqtr9jsrjtwl3p0am754hd3qkqe65gsfxfac860vuc882hpkh8ltlqyfhwumn8ghj7am0wsh82arcduhx7mn99uqzpq7zdh08nlq9fzldv80ntq5kqzulrhwq7lsmreaghvk0uhr94rqc7zdafe 
 Easy. Be a maxi 
Stop getting dumped on (and being poor)
Buy some bitcoin and enjoy the ride to $250k in 2025.
Cheers
👊🏻🧡🍻 
 you got the wrong thread again bro 
or just talking to yourself maybe  
 Nope. talkin to you.
Dont shit coin. 
 dont do drugs kids  
 legit concern

i solve this by having a stack of monero as well and move between the two just a few times per year

which means my fiat net worth is lower than it would be otherwise 

but I'm highly critical of the maxi attitude that everything should revolve around maximizing your fiat equiv buying power